GST Malaysia Workshop Being Held To Help Business Owners Get GST Ready


Join the workshop to learn how to get your business ready for the Malaysian Goods and Services Tax (GST).

Kuala Lumpur (I-Newswire) December 29, 2013 - The Malaysian Government has announced in the Budget 2014 that there will be a 6% Goods & Services Tax (GST), and it will go into effect in Malaysia on April 1st, 2015. If you are a Malaysian business owner, you need to ask yourself if your business is GST ready.

You will face serious challenges if your business is not GST ready.

Heavy fines and penalties for non-compliance: It doesn't matter how big your company is, the law imposes the same GST compliance obligations once your company has RM500, 000 yearly turnovers.

Insufficient resources: Your team may not be able to handle updating the recording system and accounting to handle the additional work to account for the tax. This workshop will help train them to do so.

You could have cash flow problems: There are potential implications to the cash flow, and you may need to restructure your cash flow to prevent problems once GST is implemented.

Procurement: Customers tend to go on shopping sprees right before these kinds of taxes have gone into effect, in other countries. Then, there is a typical period of inactivity once the tax is introduced.

Come join the workshop to learn how to get your business ready for the Malaysian Goods and Services Tax (GST).

The Practical GST Concepts and Application Workshop will help prepare participants by giving them all the facts about the Malaysian GST legislation.

Company directors, chief executive officers, chief financial officers, finance managers, accountants, and business entrepreneurs should attend this workshop. Any employee at any level of your organization who is affected by the change should attend the workshop, but one person may be able to train the rest once he has attended.

This workshop will have a course outline that includes a basic concept of GST, traditional issues surrounding the implementation of GST, strategies to overcome the negative impact of GST on your company, GST accounting, GST summary sheet, bad debt relief, registration, the scope and elements of GST, input tax credit, and more.

The course fee is RM488/- per person, and that price is inclusive of all cost materials.

Details:
January 9th, 2014
Venue: BUKIT KIARA EQUESTRIAN & COUNTRY RESORT
Time: 9:00 AM to 5:00 PM
(Registration starts at 8:30 AM)
For more: http://www.yycadvisors.com/goods-and-services-tax-gst-malaysia-workshop.html






About YYC Advisors

YYC is a group of professional chartered accountants, tax specialists and business consultants dedic   More..ated to advise and assist the clients grow. Their professional accounting firm is located in the heart of Kuala Lumpur (KL) the capital of Malaysia.Less..

Contact Information

YYC Advisors
Mr. Jeffrey Lee
17 & 19, Jalan Brunei Barat, Pudu, Kuala Lumpur, Malaysia
55100
Phone : 603 - 2142 6689

Published in:

Business > Finance

Published On:

December 29, 2013

Print Release:

Print Release

If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.


Related Releases

Project Management Courses: Boosting Your Work Productivity
Professionals who want to get better job opportunities should take into account taking up project management courses. This will undoubtedly boost your performance, and help you get a greater position.

Irvine Pacific Debuts Two New Neighborhoods This Weekend In Cypress Village
April 26 Grand Opening of Jasmine, Laurel Neighborhoods, "Single-Family Homes Perfect for Growing Families", Village Part of Highly Acclaimed Irvine Unified School District, Close To Employment, Shopping, Dining and Resort-Style Amenities

Meet Andrew the Newest Member of the Phil Jawny Group in Raleigh, NC
The Phil Jawny Mortgage Group located in Raleigh, NC is proud to have the newest member, Andrew Kornowski aboard in the position of Mortgage Team Manager.

PBS Is Out of the Blocks
PBS is out of the blocks with its new rebrand now offers complete marketing communication, printing and promotional products that allow for improved brand management, increase efficiencies, and reduce costs.

Australian Government's Frustration on RBA Stance 'risks Central Bank's Independence' States Alocoveritas' Earl Reginald Stevenson
"The question here is not should rates be lower or higher, but is it worth the risk of impugning the independence of the Reserve Bank," said Alcoveritas' Senior Managing Partner, Earl Reginald Stevenson in Sydney, Australia.